Houston, TX (PRWEB) August 15, 2013
HSSK (Hill Schwartz Spilker Keller LLC) is proud to announce the recognition of two of its members by the American Society of Appraisers with the Intangible Asset (IA) designation. Carla Glass and David Smith have joined the elite group of fewer than 50 individuals from across the country that has been acknowledged for excellence in this specific area of valuation services.
In order to be recognized with the IA designation, an individual must complete two courses and pass two exams developed by the American Society of Appraisers (ASA). The IA designation is only open to professionals who have earned the ASA’s Accredited Senior Appraiser designation in business valuation and requires extensive experience in the appraisal of intangible assets. The ASA’s IA designation is the first and only designation specific to the appraisal of intangible assets.
The ASA adopted the designation in March 2011 for multiple reasons, the first of which being the rising influence of intangible assets in business strategies and profitability which makes financial reporting requirements more substantial than ever. It has also been driven by the increased scrutiny by regulatory groups, including the Securities and Exchange Commission (SEC) and Public Company Accounting Oversight Board (PCAOB), of intangible asset valuations. Moreover, in light of the recent Financial Crisis, uncertainties have grown regarding asset values, many of which entail different kinds of intangible assets with complex valuation issues. This translates into a growing demand for those in need of valuation services to identify competent intangible asset valuation professionals.
“We are very proud that Carla and David are being recognized by the ASA with the Intangible Asset designation.” says Mike Hill, Sr., a senior member of HSSK. Hill went on to say, “The IA designation gives our clients added confidence that their appraisal project has been performed by one of a select group of appraisers that has demonstrated the very specific expertise required to deal with the complex issues involved in appraising intangible assets.”
HSSK’s talented team of professionals have been providing Business Valuation, Litigation Consulting, and Financial Restructuring services to publicly and privately held businesses for over 30 years. Led by Mike Hill, Sr., past Chairman of The Appraisal Foundation and a Fellow of the American Society of Appraisers, the principals of this group are among the most experienced and qualified in the industry. Many of HSSK's professionals are recognized leaders in their business professions.
For more information on HSSK's services, visit their website: http://www.hssk.com
About Hill Schwartz Spilker Keller LLC
Hill Schwartz Spilker Keller LLC (HSSK) is a professional services firm devoted to Business Valuation, Litigation Consulting and Financial Restructuring. The principals have been serving the corporate, legal and professional communities for over thirty years. HSSK assists clients in quantifying and articulating value for financial reporting, taxation, transaction, and corporate planning purposes. HSSK also works with clients involved in filed and pending litigation and disputes by providing valuation services, bankruptcy and financial restructuring, financial damage determination, and bankruptcy related services, including serving as financial advisers to parties, as trustees, and as examiners.
© 2013 Hill Schwartz Spilker Keller LLC. All rights reserved. All referenced product names are the trademarks of their respective companies.